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Understanding
9/11202412300511513510127 RFP Document 31122024 01
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- Publication date
- 2024-12-31
- Usage
- Public Domain Mark 1.0
- Topics
- Nuclear India, Nuclear sector in India, Privatization in India
- Collection
- opensource
- Language
- English
- Item Size
- 39.6M
"On July 23, 2024, the Hon’ble Finance Minister Nirmala Sitharaman announced
to bring out a policy document on appropriate energy transition pathways that
balance the imperatives of employment, growth and environmental sustainability.
One of the various measures announced by the Hon’ble Finance Minister, include
opening up the nuclear power sector for private investments to boost the share of
atomic energy production to achieve net-zero carbon emissions by 2070. One of
the various measures announced by the Hon’ble Finance Minister, include
partnering by Government of India with private sector for setting up Bharat Small
Reactors (“BSRs:). This push for nuclear power, which is a non-fossil fuel and
cleaner fuel, is in backdrop of India’s commitment to net-zero goals.
Project Details
i. The Industry/ies intending to set up the BSR, (hereinafter referred as
“USER”) will have right on entire electricity output generated (net of
auxiliary consumption) by the Nuclear Power Plant (“NPP”). Assets of
NPP, for purpose of operation, will get transferred to NPCIL. However,
beneficial ownership i.e. right over electricity generated and available after
auxiliary consumption, will remain with the USER. (Contract will be made
having appropriate provisions for such arrangement)."
